You Are In

  • Business Insights
  • Solutions & Products
  • Digital Banking
  • Promotions
  • Help & Support
  • Quicklinks
Business Insights
Solutions & Products
  • Solutions
  • Deposits & Investments
  • Cards
  • Financing
  • Trade Finance
  • Cash Management
  • Treasury
  • Insurance / Takaful
  • More Services
Digital Banking
Promotions
Help & Support
Quicklinks
Scale Up
Manage my business
Gain Business Insight
Solutions
Deposits & Investments
Cards
Financing
Trade Finance
Cash Management
Treasury
Insurance / Takaful
More Services
Apply For
Retrieve Application
Latest Promotions
Campaigns
Events
Rates & Charges
Tools

Features & Benefits

Automatic Renewal
Fixed Profit
Up To 3 Months
Instant Payment
Instant Cash
Option to Pledge

Eligibility

Applicable for all business enterprises and corporations

Requirements

Minimum deposit placement of RM10,000 for a short tenure of 1, 2, or 3 months, with deposit increments in multiples of RM1,000.

Documents Required

Partnerships

  • Original Identity Cards of Partners
  • Original Business Reg. Form A or B + D
  • Bank’s Partnership Mandate Form
  • Photocopies of Identity Cards of all Partners & Business Reg. Forms

Limited Companies (Sdn Bhd)

Certified copy of the following by Company Secretary:

  • Resolution from Board of Directors to open account & list of authorised signatories
  • Form 24-Return of Allotment of Shares
  • Form 49-Particulars of Directors
  • Memorandum & Articles of Association - Certificate of Incorporation
  • Certificate of Authority (for Public Ltd. Co. only)
  • Obtain photocopies of Identity Cards of all authorised signatories

Executors & Administrators

  • Grant of Probate (Executors)/Letter of Administration (Administrators)
  • Identification documents of Executors & Administrators

Representative Office Account
Certified copy of:

  • Resolution from the Rep. Office’s Head Office to set up office and open account.
  • Letter from Rep. Office’s Head Office bankers (overseas) certifying resolution & existence of Head Office.
  • Letter of approval from the relevant local authority to set up office in Malaysia.
  • Obtain photocopies of Identity Cards/Passports of all authorised signatories.

Clubs/Associations/Societies,  Mosques and Other Religious Bodies
Certified copy of:

  • Resolution of Committee Members authorising opening of account & list of authorised signatories
  • Authority letter for Clubs/Societies
  • Rules & Regulations of Clubs/ Associations including by-laws
  • Photocopies of Identity Cards of all authorised signatories

Private Schools/Colleges
Certified copy of:

  • Resolution of Board of Directors to open account and list of authorised signatories - Form 24- Return of Allotment of Shares
  • Form 49-Particulars of Directors
  • Memorandum & Articles of Association

Government Schools
Certified copy of:

  • Request letter to open account issued by the State Education Department
  • Certified copy of Board of Governors’ resolution to open account & list of authorised signatories
  • Obtain photocopies of Identity Cards of all authorised signatories

Joint Venture Account
Certified copy of:

  • Resolutions from all JV partners to open account & list of authorised signatories
  • Joint venture agreement
  • Memorandum & Articles of Association of all JV partners (local or foreign)
  • Form 24-Return of Allotment of Shares
  • Form 49-Particulars of Directors
  • In the case of foreign company, a letter from the foreign company’s bankers certifying the resolution, memorandum & existence of company
  • Photocopies of Identity Cards/ Passports of all authorised signatories

Rates

Effective 18 May 2022

Tenure (Month)

Board Rate (% p.a.)

1 month

1.75%

2 months

1.90%

3 months

1.95%

Protected by PIDM up to RM250,000 for each depositor. To view PIDM's brochure, click here.

Terms and Conditions

Fixed Return Income Account-i Terms and Conditions (ENG)
Fixed Return Income Account-i Terms and Conditions (BM)

Key Downloads

Business Account Application Form and Guidelines

For More Enquiries

Email Us

Drop us an email and we'll get back to you.

Email Now

Talk To An Expert

Visit us at our branches nationwide.

Find a Branch

Call Us Now

You can reach us at 1300 888 828.

Call Now

You are about to enter a third party website & CIMB Group's privacy policy will cease to apply.

This link is provided for your convenience only and shall not be considered or construed as an endorsement or verification of such linked website or its contents by CIMB Bank.

 

CIMB Bank makes no warranties as to the status of this link or information contained in the website you are about to access.

 

Do you wish to proceed?

Yes, please proceed